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SNAM acquires share in OLT LNG terminal

September 20, 2019

SNAM acquires share in OLT LNG terminal

Snam and the Iren Group have signed an agreement related to Snam’s acquisition of 49.07% stake in OLT (Offshore LNG Toscana). The company manages the offshore regasification terminal located about 22 km off the Tuscan coast between Livorno and Pisa. With a maximum annual regasification capacity of 3.75 BCM, OLT is the second largest LNG terminal in Italy.

Edited from SNAM press release.